NOT LISTED FOR SALE
8 Beds
5 Baths
2,560 Sq Ft
5,227 Sq Ft Lot

Sale Details

Date Sold: November 17, 2022

Last sale price $1,250,000 $488 Per Sq Ft

26 Days on Market

About This Home

As of November 2022

6.71 % CAP Rate for a beautifully remodeled Tri-plex. ALL UNITS ARE FULLY OCCUPIED! Start collecting $8,600/mo in rental income right away. This is an incredible investment opportunity for someone looking for a completely turn-key rental property. All units have just been completely remodeled with too many upgrades to name here. The property consists of three units in total (two buildings), three storage areas, covered parking, laundry hookups in each unit, and additional off-street parking. UNIT A: 960 SQFT - 3 Bedroom - 2 Full Baths - Storage Area - 2 Covered Parking Spots RENT: $3,250/mo. UNIT B: 960 SQFT - 3 Bedroom - 2 Full Baths - Storage Area - 2 Covered Parking Spots, Outdoor Yard Space RENT: $3,250/mo. UNIT 196: 640 SQFT - 2 Bedroom - 1 Full Bath - 2 Off-Street Parking Spots - Storage Area RENT: $2,100/mo. Earn over $100,000 per year in gross rental income. Conveniently located close to downtown Hollister with easy access to shopping, food, restaurants, parks, and more.

Last Agent to Sell the Property

Sean Poudrier

Coldwell Banker Realty License #01932326 Listed on: 09/11/2022

Coldwell Banker Realty

Last Buyer's Agent

James Kendall

Baird Partnership, Inc. License #02010395

Property Details

Home Type

  • Multi-Family

Year Built

  • 1980

Lot Details

  • 5,227

Home Design

  • Triplex
  • Slab Foundation
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,560 Sq Ft Home
  • 2-Story Property
  • Washer and Dryer Hookup

Flooring

  • Laminate
  • Tile
  • Vinyl

Parking

  • 6 Parking Spaces
  • 4 Carport Spaces
  • Off-Street Parking

Additional Features

  • 5,227 Sq Ft Lot
  • Wall Furnace

Listing and Financial Details

  • Total Actual Rent $103,200

Community Details

Overview

  • 2,560 Sq Ft Building

Building Details

  • 3 Leased Units
  • Insurance Expense $1,800
  • Operating Expense $12,675
  • Gross Income $103,200

Property Details

Home Type

Multi-Family

Year Built

1980

Lot Details

5,227 Sq Ft Lot

Listing Details

  • Zoning: AP
  • Subclass: Triplex
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 2560
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1980

Interior Features

  • Living Sq Ft: 2560
  • Stories: 2
  • Laundry: Hookups Only
  • Flooring: Laminate, Tile, Vinyl / Linoleum

Exterior Features

  • Foundation: Concrete Perimeter And Slab, Concrete Slab
  • Roof: Composition

Garage/Parking

  • Parking Spaces: 6
  • Garage Parking Features: Covered Parking, Off-Street Parking
  • Carport Min: 4

Utilities

  • Heating System: Wall Furnace
  • Sewer/Septic System: Sewer Connected

Lot Info

  • Lot Acres: 0.1200
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 5441.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 5441.00

Rental Info

  • Existing Lease Term(s): 1 Year Lease, Lease Agreement - Written
  • Gross Rent Multiplier: 13.06
  • Number Of Leased: 3

Multi Family

  • Utilities: Public Utilities
  • Expense Insurance: 1800
  • Expenses Total: 12675
  • Income Annual Gross: 103200.00
  • Income Annual Rental: 103200
  • Income Gross Scheduled: 103200
  • Income Includes: Rents
  • Meters: Separate Electric, Separate Gas, Separate Water
  • Number Of Buildings: 2
  • Operating Expenses Include: Fee - Property Tax, Insurance
  • Tenant Expenses: All Expenses

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 11, 2024
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$720,000
Interest Rate
0.0702%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 11, 2022
Closed on
Oct 27, 2022
Sold by
Bought by
Seller's Agent
Sean Poudrier
Coldwell Banker Realty
Buyer's Agent
James Kendall
Baird Partnership, Inc.
List Price
$1,348,000
Sold Price
$1,250,000
Premium/Discount to List
-$98,000
-7.27%
Views
17

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$423,000
Interest Rate
0.0694%
Mortgage Type
Construction

Purchase Details

Closed on
Dec 1, 2021
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$783,000
Interest Rate
0.0309%
Mortgage Type
Commercial
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- Lawyers Title
$1,250,000 First American Title
$870,000 First American Title Company
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $892,500
Closed $720,000
Previous Owner $423,000
Previous Owner $783,000
Previous Owner $250,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
11/17/2022 11/17/22 Sold $1,250,000 -7.3% $488 / Sq Ft
10/07/2022 10/07/22 Pending -- -- --
09/11/2022 09/11/22 For Sale $1,348,000 -- $527 / Sq Ft
Source: MLSListings

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $15,583 $1,242,359 $426,074 $816,285
2023 $15,583 $1,250,000 $420,000 $830,000
2022 $10,880 $870,000 $350,000 $520,000
2021 $944 $72,500 $11,743 $60,757
2020 $949 $71,758 $11,623 $60,135
2019 $923 $70,352 $11,396 $58,956
2018 $903 $68,973 $11,173 $57,800
2017 $892 $67,621 $10,954 $56,667
2016 $825 $66,296 $10,740 $55,556
2015 $818 $65,301 $10,579 $54,722
2014 $771 $64,023 $10,372 $53,651
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81906878

MLSListings
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